earnings
confidence high
sentiment positive
materiality 0.80
PennyMac Q4 2024 net income $104.5M, EPS $1.95, book value up to $74.54
PennyMac Financial Services, Inc.
2024-FY EPS reported
$5.84
revenue$26,868,000
- Q4 2024 net income $104.5M ($1.95 diluted EPS) on revenue $470.1M; book value per share $74.54 (up from $72.95).
- Full-year 2024 net income $311.4M vs $144.7M in 2023; pretax income $401.0M vs $183.6M.
- Servicing segment pretax income $87.3M (Q3: $3.3M); production segment $78.0M (Q3: $129.4M).
- Quarterly dividend raised 50% to $0.30/share, payable Feb 23, 2025 to holders of record Feb 13.
- Total loan production $35.7B UPB in Q4, up 13% QoQ; servicing portfolio grew to $665.8B UPB.